Index Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
S&P 500 VIX SHORT-TERM FUTURES INDEX TRUST (CME:SPVIXSTER)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPVIXSTER
The long term trend has been DOWN since Feb 12th, 2019 at 46.276
The intermediate term trend has been DOWN since Jan 11th, 2019 at 58.400
The short term trend has been UP since Mar 20th, 2019 at 42.430
Smart Scan Analysis for SPVIXSTER
Based on a pre-defined weighted trend formula for chart analysis, SPVIXSTER scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||96.94||52wk High Date||2018-02-05|
|52wk Low||35.48||52wk Low Date||2018-09-18|